The presidents of Armenia and Russia Serzh Sargsyan and Vladimir Putin held on Monday a telephone conversation confirmed their readiness to strengthen bilateral cooperation, said the press service of the Armenian leader.

«Sargsyan held today a telephone conversation with President-elect Vladimir Putin once again congratulated him on his re-election. The two heads of allied States – strategic partners confirmed their willingness to consistently develop and strengthen interstate relations and cooperation,» — said in a statement posted on the presidential website.

According to the press service, the sides also reaffirmed their determination to continue efforts aimed at establishing peace and stability in the region.

The Russian presidential election held on Sunday. According to the CEC, after processing of 99,84% of protocols of precinct commissions of the incumbent President Putin wins by a considerable margin from the other candidates by typing 76,66% of the vote. Second place goes to the candidate from the Communist party Pavel Grudinin (11,8% of the votes), the third — the leader of LDPR Vladimir Zhirinovsky (5.66% of votes).